Economics and politics - comment and analysis

The Interest Rate and the ECB – The European Central Bank will disgrace itself again and Germany is to blame this time too

Central banks demonstrate their knowledge and their experience by having a clear judgement about economic developments and the causes of significant price increases, and they should also be able to communicate their judgement and its background effectively. A central bank that decides to raise interest rates and then has revise this decision a short time later because it was completely wrong in its assessment of the economy and/or prices loses credibility for a long time. …

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Terra and Luna – or how the moon destroyed the earth

Can there be a better business in this world? One claims to be a computer genius and to have understood that the currencies of this world issued by the states are unstable, inflation-prone and in general threatened with extinction because they are far too inflexible with their national limitations on the one hand and too centralistic on the other. …

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